Interface.ai raises $30M to help banks field customer requests

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Interface.ai, a customer automation platform for banks and other financial institutions, today announced that it closed a $30 million funding round led by Avataar Venture Partners.$20 million of the round was equity, while the remaining $10 million was in the form of debt.

Institutions also aren’t necessarily deploying AI for customer communications — which is a big portion of Interface’s business.

Njay said that the inspiration for Interface came from his father, who owned a credit union in India.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United StatesIndia

Topics: Enterprise Interface.ai Banks Interface Agents Customer Service Funding Fundraising Fintech Startups Exclusive AI Startup Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-22 @ 14:00:20 (1 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 615 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23202896

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